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July 26, 2024
Samsung may supply advanced image sensors for Apple: analyst
Samsung Electronics may supply its advanced camera sensors for Apple, ending Sony’s longstanding rein as an exclusive supplier to the global tech giant, according to a supply chain analyst. According to Ming-Chi Kuo, a supply chain analyst at TF International Securities, ...
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July 23, 2024
Samsung's Galaxy series to feature enhanced gaming experience with Krafton's 'Dark and Darker Mobile'
Samsung Electronics and Krafton have partnered to optimize the forthcoming game "Dark and Darker Mobile" for the latest Galaxy series, set to be installed next month, according to the tech giant on Tuesday. The two firms have integrated advanced 3D graphics technology, Vulkan, ...
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July 23, 2024
Samsung Electro-Mechanics to supply advanced substrates for AMD processors
Samsung Electro-Mechanics, the electronic parts manufacturing affiliate of Samsung Electronics, announced Monday that it would supply high-performance substrates for hyper-scale data centers to AMD, the US chip design firm. According to the company, the flip chip ball...
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July 22, 2024
Biden's withdrawal sparks mixed outlook for Kospi
... The Kospi shed 1.14 percent to close at 2763.51 points, marking four consecutive sessions of losses since hitting 2866.09 points on July 16. Secondary battery stocks such as LG Energy Solution, Samsung SDI, LG Chem and Posco Holdings lost 4.92 percent, 4.2 percent, 4.05 percent and 2...
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July 21, 2024
Is Samsung on track for large-scale M&A deals?
Samsung Electronics is seen ramping up its merger and acquisition efforts to secure a stronger footing in the rising technology sectors, including artificial intelligence. The South Korean tech gian...industry's "top level" accuracy for research markets, Samsung said....
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July 19, 2024
Samsung sees fewer preorders for Galaxy Z foldable phones
Preorders for Samsung Electronics’ new foldable smartphones have topped 910,000 units in South Korea, a decline from 1.02 million preorders for their predecessors last year, according to the tech giant on Friday. Ahead of the official release of the Galaxy Z Flip6 and Fold6 on...
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July 18, 2024
Samsung acquires UK tech startup to expand on-device AI capabilities
Samsung Electronics said Thursday that it has acquired Oxford Semantic Technologies, a UK-based startup, to enhance the on-device AI integrated into its Galaxy series. According to the tech giant, t... the field of data knowledge," said Cheun Kyung-whoon, president and chief te...
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July 15, 2024
Trump presidency won’t be a bane for Korean firms: FKI chief
...in states with a weak labor union presence, Trump’s second term would be a positive factor, as Biden would prefer states with union strongholds where Democrats are more likely to be, Ryu claimed. Samsung Electronics invested in Texas while Hyundai Motor Group chose Georgia a...
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July 15, 2024
Chinese rivals to take on Samsung with slimmer foldable phones
... Z 6 series are anticipated to surpass 10 million units, the previous model's estimate. Sales of Samsung's latest foldable phones are expected to increase by 30 percent compared to their predecessors,...sitive for consumers as they benefit from a more competitive market,” Roh Tae-moon,...
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July 14, 2024
Samsung chief renews commitment to India
Samsung Electronics Chairman Lee Jae-yong inspected Indian operations in Mumbai over the weekend, following his attendance at the wedding of Anant Ambani, the youngest son of Reliance Industries Chairman Mukesh Ambani, according to the Korean tech giant Sunday. “Let’s make hi...
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July 12, 2024
Samsung invests in US DNA-sequencing biotech Element Biosciences
Samsung Electronics took part in a $277 million Series D investment for Element Bioscience, a US-based DNA analysis equipment company, to expand its footing in the medical device market, the company said Friday. Element Biosciences, established in 2017 in San Diego, is a life s...
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July 12, 2024
South Korea faces existential issue: OECD
...the second half. "With inflation falling back and renewed demand for computer chips powering a wave of investment in AI across the world, exports are again driving growth," Koen said, adding that Samsung Electronics' recent earnings surprise in the second quarter — a 15-fold...
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July 11, 2024
S. Korea appeals tribunal order to pay $32m to US hedge fund
...it to pay $32 million to a US hedge fund to compensate for its intervention in the merger of two Samsung affiliates in 2015, the Justice Ministry said Thursday. The appeal to the ruling by the Perman...eaders here, which ultimately led to the impeachment of Park in 2017 and imprisonmen...
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July 11, 2024
LGE, Qualcomm chiefs meet to discuss AI partnership
LG Electronics Chief Executive Officer Cho Joo-wan met with Qualcomm CEO Cristiano Amon on Wednesday to discuss their ongoing collaboration on advanced technology, including on-device artificial inte... and Korean conglomerates are seen ramping up their global networks in recent years. La...
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July 11, 2024
Samsung unveils slimmer AI-powered foldable phones
Samsung Electronics unveiled its new slimmer and lighter foldable phones -- the Galaxy Z Flip6 and Z Fold6 -- in Paris on Wednesday, betting big on the Olympics fever brewing in the French capital. As the venue for the biggest product launch in the latter half of this year, the...
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July 10, 2024
Texas governor vows full support for Samsung’s expansion in US
Texas Gov. Greg Abbott on Tuesday reiterated his full support for Samsung Electronics to secure a bigger footing in the US, upon his visit to the chip giant’s semiconductor manufacturing plant in Korea. Abbott visited Samsung’s semiconductor campus -- the world's la...
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July 10, 2024
Samsung wins first order for cutting-edge 2 nm turnkey chip solution
Samsung Electronics announced Tuesday it has bagged the first order for its new turnkey semiconductor solutions using the cutting-edge 2-nanometer foundry process from a leading artificial intelligen...e devices," Samsung Electronics President Choi Si-young i...
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July 09, 2024
Samsung wins order for cutting-edge 2 nm turnkey chip solution
Samsung Electronics announced Tuesday it has bagged an order for its new turnkey semiconductor solutions using the cutting-edge 2-nanometer foundry process from a leading artificial intelligence comp...sensors enhancing accuracy for edge devices," Samsung Electron...
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July 09, 2024
Samsung denies report on Olympic edition phone with LVMH
Samsung Electronics denied a report Tuesday that it is launching a special edition phone in collaboration with French luxury giant LVMH during the Galaxy Unpacked event for its new foldable phones held in Paris on Wednesday. A Samsung official said the tech giant is n...
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July 08, 2024
Samsung, SK bet big on glass substrates for AI chips
South Korea’s top chip makers Samsung Electronics and SK hynix are betting big on glass substrates, a “game changer” in chip making that could drastically boost the data capacity and speed of semicon...airman Chey Tae-won inspected the headquarters of Absolics last week durin...